Ultra Clean Holdings Company Profile (NASDAQ:UCTT)

Ultra Clean Holdings trades on the NASDAQ under the ticker symbol "UCTT."

Ultra Clean Holdings, Inc. (NASDAQ:UCTT) posted its quarterly earnings data on Thursday, July, 27th. The company reported $0.62 earnings per share for the quarter, topping the consensus estimate of $0.51 by $0.11. The business earned $228.26 million during the quarter, compared to the consensus estimate of $213.92 million. Ultra Clean Holdings had a net margin of 6.25% and a return on equity of 24.16%. The company's quarterly revenue was up 75.8% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.10 earnings per share. View Ultra Clean Holdings' Earnings History.

Ultra Clean Holdings issued an update on its third quarter earnings guidance on Thursday, July, 27th. The company provided earnings per share guidance of $0.62-0.68 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.39. The company issued revenue guidance of $235.0-245.0 million, compared to the consensus revenue estimate of $193.84 million.

6 equities research analysts have issued 12-month price targets for Ultra Clean Holdings' shares. Their predictions range from $20.00 to $34.00. On average, they expect Ultra Clean Holdings' stock price to reach $28.40 in the next twelve months. View Analyst Ratings for Ultra Clean Holdings.

Here are some recent quotes from research analysts about Ultra Clean Holdings stock:

• 1. According to Zacks Investment Research, "ULTRA CLEAN HOLDINGS, INC. is a developer and supplier of critical subsystems for the semiconductor capital equipment, flat panel, solar and medical device industries. Ultra Clean offers its customers an integrated outsourced solution for gas delivery systems and other subassemblies, improved design-to-delivery cycle times, component neutral design and manufacturing and component testing capabilities. Ultra Clean's customers are primarily original equipment manufacturers for the semiconductor capital equipment, flat panel, solar and medical device industries. Ultra Clean is headquartered in Menlo Park, California. " (7/18/2017)
• 2. Needham & Company LLC analysts commented, "UCTT's reported 4Q16 results surpassed the positive preannouncement and provided guidance well above the Street, driven by strengthened demand in both SemiCap and Display tool markets. Recall we turned positive on UCTT 10 months ago, based on our belief that the company is transforming from contract manufacturing to becoming a full-service outsourcing partner, a strategy that should deepen customer engagement and drive more sustainable long-term growth. While the rising tide certainly lifts all boats, we believe the latest report confirms this strategy is working, giving us more confidence that strong performance will continue for multiple years." (2/23/2017)

Ultra Clean Holdings saw a increase in short interest in July. As of July 31st, there was short interest totalling 1,298,801 shares, an increase of 28.4% from the July 14th total of 1,011,820 shares. Based on an average trading volume of 1,168,309 shares, the days-to-cover ratio is presently 1.1 days. Approximately 4.2% of the company's stock are sold short.

Some companies that are related to Ultra Clean Holdings include Kulicke and Soffa Industries (KLIC), FormFactor (FORM), Nanometrics Incorporated (NANO), Axcelis Technologies (ACLS), Photronics (PLAB), Xcerra Corporation (XCRA), Cohu (COHU), PDF Solutions (PDFS), Camtek (CAMT), ASML Holding N.V. (ASML), Chipmos Technologies (IMOS), Mattson Technology (MTSN) and Ultratech (UTEK).

Ultra Clean Holdings' management team includes the folowing people:

• Sheri Brumm, Acting Chief Executive Officer, Chief Financial Officer, Senior Vice President - Finance, Chief Accounting Officer, Secretary
• James P. Scholhamer, Chief Executive Officer, Director
• Mark G. Bingaman, Senior Vice President - Supply Chain Management
• Michael Henderson, Senior Vice President of Engineering
• Lavi A. Lev, Senior Vice President - Asia
• Bruce C. Wier, Senior Vice President - Engineering
• Deborah E. Hayward, Vice President - Sales
• Clarence L. Granger, Non-Executive Chairman of the Board
• Jeffrey S. Andreson, Director
• Leonid Mezhvinsky, Director

Ultra Clean Holdings' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Dimensional Fund Advisors LP (8.43%), Vanguard Group Inc. (4.90%), Royce & Associates LP (2.74%), Smith Graham & Co. Investment Advisors LP (2.65%), JPMorgan Chase & Co. (2.03%) and State Street Corp (1.80%). Company insiders that own Ultra Clean Holdings stock include David Speirs, Deborah E Hayward, Emily M Liggett, Kevin C Eichler, Leonid Mezhvinsky, Mark Bingaman, Michael Roy Henderson and Sheri Brumm. View Institutional Ownership Trends for Ultra Clean Holdings.

Ultra Clean Holdings' stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Royce & Associates LP, Northern Trust Corp, Smith Graham & Co. Investment Advisors LP, Nationwide Fund Advisors, EAM Investors LLC, Pacific Ridge Capital Partners LLC and Russell Investments Group Ltd.. Company insiders that have sold Ultra Clean Holdings stock in the last year include David Speirs, Deborah E Hayward, Emily M Liggett, Leonid Mezhvinsky, Mark Bingaman, Michael Roy Henderson and Sheri Brumm. View Insider Buying and Selling for Ultra Clean Holdings.

Ultra Clean Holdings' stock was acquired by a variety of institutional investors in the last quarter, including ClariVest Asset Management LLC, Bank of Montreal Can, Vanguard Group Inc., Nordea Investment Management AB, PDT Partners LLC, Numeric Investors LLC, Robeco Institutional Asset Management B.V. and OxFORD Asset Management LLP. Company insiders that have bought Ultra Clean Holdings stock in the last two years include David Speirs and Kevin C Eichler. View Insider Buying and Selling for Ultra Clean Holdings.

Shares of Ultra Clean Holdings can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Ultra Clean Holdings stock can currently be purchased for approximately $23.25.